US targets Chinese refinery in sweeping Iran oil crackdown, sanctions ‘shadow fleet’ tankers
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The US has imposed sanctions on a Chinese refinery and numerous shipping entities as part of a crackdown on Iranian oil trade. The sanctions appear to target a "shadow fleet" of tankers and a China-based oil refinery, with some reports specifying that the refinery is a "teapot" refinery. The move has prompted a response from China, which has reportedly ordered firms to ignore the US sanctions.
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